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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC
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To: CF Rebel who wrote (846)9/30/1999 2:18:00 AM
From: Mahatmabenfoo  Read Replies (1) of 1150
 
> incorrigible

I didn't know I was "incorrigible". I suppose you're "corrigible" and that's a better thing to be.

I'll work on it.

The thing I find most disappointing about these so called "discussion" groups is some people act like it's disloyal to criticize a stock. Everyone is suppose to gush about vague prospects for the future...

Take heart that after my incorrigibiling back last April the stock price promptly responded to my grousing -- which I did WHILE I owned shares -- by zooming *up* to the 20's. Back then I focused on the limited potential for any stock whose wealth is based on getting paid by the hour. One answer given there was that RRRR would also make money selling software, and from internet telephony -- anybody know if those ever produced any profits?

Now the focus of dreams here is the idea that RRRR will fund internet companies that do not earn their money by the hour. Say what you will to that, but you can't deny I have a lot of good company in worrying that internet stocks are overvalued. And even if they're not, even in the hottest flush of this boom, most internet companies that go public don't exceed their initial offering price.

> air conditioning

Nope, I invested before the name change, but after the business change, and I invested because of the business change.

> he seemed to have little faith in what Meyers was trying to accomplish.

You're right about that. I still do have little faith. 'Course now the price is lower than when I sold it. Tomorrow it'll prolly be 20 again. But I won't begrudge you the fortune you'll make if it is -- g'luck.

- Charles
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